The Minute DC | NY: 

Washington & New York on Your Doorstep 

 

Andrea Saturno-Sanjana  

 

Capital to Capital.  A Higher Standard.  Bespoke Service.

     

Licensed in DC | MD | VA | NY | (212) 888-0550 | (202) 696-0701 | asaturno-sanjana@eversco.com 
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January  2016
Prime Property | NY
LEED Platinum Green Luxurious Living in The Verdesian! | Battery Park City | Manhattan

 

With a double-height lobby designed by Pelli Clarke Pelli and featured in "The Green House: New Directions in Sustainable Architecture and Design" at the National Building Museum, The Verdesian is the pinnacle of green, luxurious, urban living and bears the LEED Platinum certification, the highest designation by the US Green Building Council. This spacious one-bedroom home features floor-to-ceiling windows with solar shades, a kitchen with granite countertops, stainless steel appliances and water and ice filtration, beech plank floors, two large closets and a washer | dry er in the unit. The Verdesian is a pet-friendly building and welcomes dogs up to 50 pounds. This lease assignment through 30 June 2016 represents a great opportunity for a discerning resident. Close to 1, 2, 3, A, C, E, 4, 5, 6 trains and free Downtown Connector Bus. Battery Park City has become the largest green neighborhood in the world with more than five million square feet of sustainable construction, with 36 acres of open space that includes parks and gardens, playing fields, playgrounds, plazas and waterfront esplanades. Nearby Brookfield Place, Whole Foods, shops and restaurants and convenient transportation options make this a great place to live and a short journey from nearby FiDi and Tribeca.  Click here to learn more
Prime Property | DC
Fabulous Off Foxhall

 

Elegant, spacious (over 4,000sf), 5 BD, 3.5 BA, center-hall Colonial in Berkley just off Foxhall Road available for lease.  Eat-in kitchen with island, granite countertops, stainless steel appliances.  Laundry room off kitchen.  Double-height marble entry foyer, den, expansive recreation room, two wood-burning fireplaces, two-zone AC, interior vacuum, closets galore.  Each bedroom fits a queen-sized bed.  Each full bathroom features dual sinks and tubs.  Master bathroom features Jacuzzi soaking tub, separate shower, dual sinks, bidet, linen closet.  Expansive deck with two seating areas, patio and two-car garage.  Close to Jetties, Safeway, Georgetown and Capital Crescent Trail.  Short drive to Downtown DC.
In the News | NY
Brick Underground | No Strings Attached: Inside the World of Pied-à-Terre Rentals

 

 
 
 
 
 
 
 




What empty nesters want from pieds-à-terre | Andrea Saturno-Sanjana, a salesperson with Citi Habitats, says she has worked with many such clients.  Saturno-Sanjana says clients like them often have criteria that longtime New Yorkers do not: Having spent so much time at a distance from the city, they now want to reside somewhere that screams Manhattan, complete with views of iconic skyscrapers, or even the Statue of Liberty.  One mistake that arises with pied-à-terre seekers who have lived outside the city for many years is that they begin their search based on memories of neighborhoods that no longer exist. "They remember, oh we used to come in and go to the Limelight," Saturno-Sanjana says. "The people who are coming in fresh, who haven't been commuting, they really start with that nostalgia and then because the neighborhoods have changed and other things have opened up to them, they often don't end up in that neighborhood.  "Plus, she says, many of these renters aren't willing to fully relinquish the amenities of life in the burbs. Their pied-à-terre "has to have very particular things. We're not talking about a walk-up," she says, and might be kitted out with amenities such as in-apartment washers and dryers, concierge services, and plenty of storage space.  Renting a pied-à-terre rather than buying has its advantages.  After decades in comparatively spacious suburban homes, many of her clients, Saturno-Sanjana says, have trouble downsizing. While city living has tremendous appeal to these apartment-seekers, she says it's important that they ask themselves:  "Can I really live in a smaller space with less stuff?"  If not, renting may be their best route.  (Brick Underground)
Click here for full article  | Thrilled to be a reliable source for this superb article!
Design | London | Barbican
The World of Charles & Ray Eames
 
Charles and Ray Eames are among the most influential designers of the 20th century. Enthusiastic and tireless experimenters, this husband and wife duo moved fluidly between the fields of photography, film, architecture, exhibition-making, and furniture and product design.
 The Eames Office was a hub of activity where the Eameses and their collaborators produced an array of pioneering designs, communicating their ideas with a boundless creativity that defined their careers. The Eameses embraced the joy of trial and error and approached design as a way of life.
 
From personal letters, photographs, drawings and artwork, to their products, models, multi-media installations and furniture, The World of Charles and Ray Eames includes not only the designs for which they are best known, but provides an insight into the lives of the Eameses, the Eames Office and the breadth of their pioneering work, bringing their ideas and playful spirit to life.

Design | Murphy Bed Redux
A holiday visit from my San Francisco-based cousins (shout out to Kathleen and Kelly) and a trip to the attic produced this classic late 1960's-early 1970's Barbie Sleep 'n Keep--evidence of the cachet of the Murphy Bed as the perfect solution for living in cozy spaces.
 You've come a long way, baby.
Resource Furniture offers elegant convertible furniture Made in Italy by Clei. T heir collection of 60+ wall bed systems effortlessly transform from one use to another, allowing one space to perform multiple functions-ideal for studio apartments, guest rooms and home offices.
Queen, twin and bunk Murphy bed systems can feature comfortable sofas, desks, tables or shelving systems by day, and seamlessly transform into fine, European beds at night.
These wall bed systems are the slimmest available with the fewest moving parts and the highest level of reliability, quality, ingenuity of design, sustainable manufacturing practices and exquisite modern style. Click here for Resource Furniture
DC | Fireside Chat
Cold weather is officially here, but instead of dreading the chill, we're scheming where to get our next drink by the fire.  Here are nine of the best spots that offer hot cocktails, happy hour discounts, and free s'mores, all by the light of live flames.  When it gets frigid, faux-fires just don't cut it.  (Washingtonian)
 
NY | Fireside Chat
 
New Yorkers are a tough breed, but when the winter chill really sets in, you're bound to see bargoers flocking to the coziest bars in town. Amidst frosty winds and wet snowfall, even the most hardened urbanite will appreciate rustic warmth of a roaring fire. From romantic spots to hoppy beer bars, these are the best bars with fireplaces NYC has to offer.  (Time Out)
NY | Garage in the Sky
When is a powder room not a powder room?  When it is a garage.  More than one Upper East Side skyscraper resident has outfitted a spare powder room and turned it into a haven for all things automotive--chamois cloths, waxes, polishes--which hints at the stunning motor residing in its subterranean refuge.  And what elegant motors they are.  Is it enough of a thing to become a trend?  Perhaps.
The Year of the Monkey | 2016
Feng Shui energies change from year to year.  Feng Shui Master Raymond Lo advises to watch for the re-allocation of good and bad energies at the beginning of each year, so that we can take necessary precautions if some bad energy happens to arrive at important locations of our residence or offices.   In the year of the Monkey, hang a metal wind chime in the northeast corner of the home, put a piece of red paper in the northwest corner of the home and place three stems of a bamboo plant in a clear glass vase of water in the north of the home.
NY | Feeling the Heat at $1MM- $3MM
Properties between $1 million and $3 million are flying off the shelves. As prices rise across the board, this category is absorbing a growing number of buyers who are finding themselves priced out of more expensive apartments. And the majority of buyers in this range know that they need to act fast because there is a line of competing buyers who will grab the property if they don't.  This segment is currently seeing more action than its high-priced counterparts--by a long shot.  (LLNYC)
Washington, DC
Washington Market Summary for December 2015
( RBI)
Statistic
Values
YoY
MoM
Total Sold Dollar Volume
$446,291,814
+5.1%
+5.4%
Closed Sales
702
+6.4%
+10.4%
Median Sold Price
$510,838
-0.5%
-6.8%
Avg Sold Price
$635,743
-1.2%
-4.5%
Avg Days on Market
43 days
-2.3%
+34.4%
Avg Price Per Square Foot
$470
+0.6%
-6.8%
 
New York City
Manhattan Residential Sales Market Report for Q4 2015

Sales Prices Reach an All-Time High. The median Manhattan sale price increased significantly this quarter to $1.100M, up 16% from last year and 10% from last quarter-to its highest level ever.

More Inventory on the Market. Overall inventory reached 5,060 units during the fourth quarter, a 5% increase from last quarter and a significant 14% increase from last year.
New Development Sales Were Strong. New development sales during Fourth Quarter 2015 increased a notable 67% from last year and 39% from last quarter-to more than 800 units.  (Citi Habitats)

Manhattan Residential Sales Market Report December 2015
December 2015 was a comparatively slow month for Manhattan residential real estate, with both condo and co-op sales down vs. the same time the year prior. Average sale price held steady in the condo market but declined by 5% in the co-op market versus last year, reflecting an increase in sales of smaller co-op residences.  Average price per square foot rose moderately in the condo market and grew a substantial 18% in the co-op market. With the exception of two-bedroom condo units, all apartment sizes in Manhattan experienced price per square foot growth. The co-op market continued to tighten in December 2015, with total listings down 10% versus last year, dragging overall listed inventory below the December 2014 figure-in spite of the 6% increase in condo inventory.  (Citi Habitats)


Brooklyn Residential Sales Market Report December 2015  
There were 5% more sales in Brooklyn during December 2015 relative to a year earlier, but in a typical seasonal trend, activity was 24% lower than November. Tight market indicators include low inventory, a low average days on market figure, and very little room for negotiating asking price. The market-wide median price increased 5% compared to both November 2015 and December 2014. The average sale price was nearly $1.3M in December 2015, 18% higher than the year prior. Average price per square foot, while 7% higher than December 2014, dipped versus November. This was partially due to the market share increase of townhouse sales month-over-month, which often have a lower price per square foot than apartments.    (Citi Habitats
                      
Manhattan Residential Rental Market Report Q4 2015
When compared to the third quarter of the year, we found that all metrics we use to evaluate market conditions reflect an environment that is increasingly friendly for tenants.  When examining vacancy, we found 1.96% of apartments to be available for rent during the fourth quarter, up from 1.51% during the third quarter of 2015. During the most recent quarter, 12% of transactions brokered by Citi Habitats included some form of move-in incentive, compared to 8% during the third quarter. Pricing for studio apartments declined the most quarter-over-quarter, with a 3.4% drop.  In addition, rents for one-bedrooms declined 2.0% on average, while average pricing for two- and three- bedroom homes fell by 1.3% and 1.0% respectively.
Manhattan Residential Rental Market Report December 2015
In December, the Manhattan vacancy rate climbed to 2.06% from November's rate of 2.02%. However, the recent rent declines have come to a halt and have plateaued, at least for the time being. Often landlords will offer move-in incentives to drive traffic to their properties before dropping rents, and in fact, we found that the percentage of leases offering an incentive climbed slightly month-over-month.  In December, 14% of leases included a concession, the highest percentage in nearly 5 years.  (Citi Habitats)        

I would personally like to thank you for taking the time to view this email.  If you're thinking of buying or selling, you need an agent who knows my hometown of Washington and my adopted home of New York like no one else.  I'm that agent.  It would be my pleasure to assist you with all of your real estate needs.

I pride myself on cutting through the hassles of buying or selling and providing my clients with exceptional customer service.  Let me earn your business.


Sincerely,
 
Andrea
Evers & Co. Real Estate, Inc. | 4400 Jenifer Street, NW, Washington, DC  20015
M:  (212) 888-0550 | M:  (202) 696-0701 | O:  (202) 364-1700